Project 40,000 Sq.M. For A New 5 Star Hotel Development Within The Coastal Zone – Sitia, Crete

The proposed project αφορά the development of a new five-star (5★) hotel resort with a total capacity of 290 beds, on a privately owned plot of 40,000 sq.m., located in the area of Sitia, in the eastern part of Crete. An existing building of 400 sq.m. is currently situated on the property.
The investment is positioned in one of the most up-and-coming tourist destinations in Greece, combining outstanding natural beauty, authenticity, and significant growth potential, in contrast to already saturated areas of the island.
The property enjoys a privileged location with unobstructed sea views and a gentle land morphology, allowing for the development of a modern, low-density resort, fully harmonized with the natural landscape and designed to deliver a high-quality hospitality experience.
The total buildable area amounts to 6,447.10 sq.m., out of a maximum permitted 6,550 sq.m., ensuring optimal land utilization. The project includes 162 accommodation units with a total capacity of 290 beds, along with a comprehensive range of hospitality and leisure facilities.
Key Facilities Include:

• Main and thematic restaurants
  
• Food & beverage outlets (bars, snack areas)
  
• Wellness and activity facilities
  
• Family-oriented amenities (mini club)
  
• Landscaped outdoor areas and swimming pools
  

The hotel concept is positioned within the premium 5★ resort category, with a strong emphasis on privacy, sea views, low-density development, and the creation of high value-added guest experiences. The design concept is based on a contemporary “Mediterranean resort village”, featuring scattered building clusters, private and swim-up pools, and strong integration with the natural environment. The target market focuses on medium to high-income travelers from European and international markets, seeking high-quality accommodation in authentic and less saturated destinations.
Investment Highlights:

• Strategic location with strong development potential
  
• High-quality design and differentiated product offering
  
• Focus on experiential hospitality rather than simple accommodation
  
• Strong future capital appreciation due to limited supply in the area
  

Overall, the project represents a fully integrated, high-spec tourism investment with strong commercial potential and sustainable return prospects, suitable for inclusion in development programs and for attracting institutional or private investors.

RE/MAX Real

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RE/MAX REAL – Heraklion, Crete
Sofokli Venizelou Avenue [hidden information]
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RE/MAX REAL – Agios Nikolaos
6 Themistokleous Street, 72100
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